First Mortgage Rates

The assumptions for APR and cost per thousand calculations detailed above are as follows:

Rate and term refinance

Loan amount of $185,000

Property Value of $250,000

Closing fees of $2,707

Credit Score >= 740

*Assumes a downpayment of 20%, a standard 45 day rate lock, and a loan amount of $150,000.

Mortgage Loans without an escrow for Real Estate taxes will be subject to an interest rate increase. Real Estate Tax escrow required on all loans with downpayments/equity less than 20%. Mortgage Loans with value in excess of 80% require Private Mortgage Insurance (PMI).

Payments do not include amount for taxes and insurance premiums. The actual payment obligation may be greater than stated.

Call our Mortgage Team today at 860-854-6807

Rates subject to change.

First Mortgage rates updated daily by 12pm EST.

Second Mortgage Loan Rates (5 Year)

Term

Rate

Payment Amount Per $1,000.00 Borrowed

APR

5 Year

rates as low as 3.50%

$18.76

rates as low as 3.50%

Second Mortgage Loan Rates (10 Year)

Term

Rate

Payment Amount Per $1,000.00 Borrowed

APR

10 Year

rates as low as 4.00%

$10.73

rates as low as 4.00%

Second Mortgage Loan Rates (15 Year)

Term

Rate

Payment Amount Per $1,000.00 Borrowed

APR

15 Year

rates as low as 4.50%

$7.65

rates as low as 4.50%

Second Mortgage Loan Rates (20 Year)

Term

Rate

Payment Amount Per $1,000.00 Borrowed

APR

20 Year

rates as low as 7.25%

$7.68

rates as low as 7.25%

Your rate will be determined by your credit report.

Home Equity loan rates will be increased by 0.50% if loan amount is less than $25,000.00

Property and/or flood insurance required.

Home Equity Lines of Credit Rates (HELOC)

Home Equity Lines of Credit

Term

APR

Payment Per $1000 Borrowed

Assumptions

Up to 80% (Loan to Value)

as low as 4.25%

$4.25

Platinum credit and loan amount for $25,000

Your rate will be determined by your credit report.

Rates on Home Equity Line of Credits will be increased by 0.50% if line amount is less than $25,000.00

Variable Rate is based on The Wall Street Journal Prime Rate as of the last business day of the previous billing cycle. Prime Rate is currently 4.75% APR.